Herbalife finally received notification that its re-audit went fine and very few changes were made to the last several years financial statements.  Carl Icahn has made a fortune on the stock, buying after it had plummeted following the bear-raid from Bill Ackman.  At TTCM we had bullish positions on Herbalife but they were too small...Read More

One of the most prominent investors in the Hedge Fund industry, Daniel Loeb was interviewed on CNBC today and discussed some of his various investments.  At T&T Capital Management, we also took advantage of the sell-off in Herbalife but I just wish we would have invested considerably more capital into the position.  Loeb’s shareholder letters...Read More

While I believe Bill Ackman to be one of the smartest investors in the field, I don’t believe with his original assessment on Herbal Life (HLF).  There was nothing in his research report that really told me that it was a Pyramid Scheme by any stretch of the imagination and being so public about it,...Read More